ZipRecruiter

Log In

1

Credit Analyst Trainee Jobs in Connecticut (NOW HIRING)

Ascend Bank

Senior Credit Analyst

Wallingford, CT · On-site

Analyze financial information of prospective and existing borrowers and, if credit-worthy ... trainees. * In consultation with the CLO and Credit Management, prepare required reporting for ...

Ascend Bank

Senior Credit Analyst

Wallingford, CT · On-site

Analyze financial information of prospective and existing borrowers and, if credit-worthy ... trainees. * In consultation with the CLO and Credit Management, prepare required reporting for ...

State of Connecticut

Engineer Trainee

Hartford, CT · On-site

$58K - $80K/yr

Analyzing and reviewing various air quality modeling outputs and satellite data used to support ... Educational Credits: List your earned credits and degrees from accredited institutions accurately ...

Connecticut Children's

Sleep Technologist Scorer

Hartford, CT · On-site

$25.75 - $35.25/hr

Analyze physiological data obtained from various monitoring devices, including EEG, EOG, EMG, ECG ... Train Polysomnographic new hire and trainee scorers under guidelines set forth by Connecticut ...

All JobsCredit Analyst JobsCredit Analyst Trainee JobsCredit Analyst Trainee Jobs in Connecticut

Credit Analyst Trainee information

See Connecticut salary details

$14

$28

$46

How much do credit analyst trainee jobs pay per hour?

As of Aug 27, 2026, the average hourly pay for credit analyst trainee in Connecticut is $28.47, according to ZipRecruiter salary data. Most workers in this role earn between $21.97 and $32.02 per hour, depending on experience, location, and employer.

What is a credit analyst trainee?

Credit Analyst Trainees are entry-level professionals who assist in evaluating the creditworthiness of individuals or businesses applying for loans or credit. They work under the supervision of experienced credit analysts, learning to analyze financial statements, assess risks, and prepare credit reports. This role provides foundational training in financial analysis, credit assessment, and industry-specific regulations, preparing trainees for advancement to full credit analyst positions.

What are the key skills and qualifications needed to thrive as a credit analyst trainee?

To thrive as a Credit Analyst Trainee, you need a solid understanding of financial analysis, accounting principles, and a relevant degree such as finance, economics, or business. Familiarity with financial modeling tools, Microsoft Excel, and credit risk assessment software is commonly required. Strong analytical thinking, attention to detail, and effective communication skills help you stand out in this role. These competencies are crucial for accurately assessing creditworthiness, minimizing risk, and supporting sound lending decisions.

What are some common challenges faced by credit analyst trainees during their initial months on the job?

Credit Analyst Trainees often encounter challenges such as learning to interpret complex financial statements, adapting to internal risk assessment models, and managing tight deadlines for report submissions. Additionally, they must quickly develop strong attention to detail and analytical skills to accurately assess creditworthiness. Collaboration with senior analysts and frequent communication with relationship managers are key to overcoming these challenges and building confidence in making well-informed recommendations.

What is the difference between Credit Analyst Trainee vs Credit Analyst?

AspectCredit Analyst TraineeCredit Analyst
Required CredentialsTypically a bachelor's degree in finance, economics, or related field; some employers may prefer certifications like CFA or credit analysis coursesSame as trainee, often with additional experience or certifications
Work EnvironmentEntry-level, training-focused, often in banks, financial institutions, or credit agenciesMore independent, responsible for analyzing credit data, making recommendations, and monitoring credit risk
Employer & Industry UsageUsed in banking, finance, and credit companies as a starting roleUsed in similar industries, with increased responsibilities

The main difference between a Credit Analyst Trainee and a Credit Analyst is experience level and responsibility. Trainees are in training, gaining skills and knowledge, while Credit Analysts have more independence and decision-making authority in assessing credit risk.

What are the most commonly searched types of Credit Analyst jobs in Connecticut?

The most popular types of Credit Analyst jobs in Connecticut are:

What are popular job titles related to Credit Analyst Trainee jobs in Connecticut?

For Credit Analyst Trainee jobs in Connecticut, the most frequently searched job titles are:

What job categories do people searching Credit Analyst Trainee jobs in Connecticut look for?

The top searched job categories for Credit Analyst Trainee jobs in Connecticut are:

What cities in Connecticut are hiring for Credit Analyst Trainee jobs?

Cities in Connecticut with the most Credit Analyst Trainee job openings:

Credit Analyst Trainee jobs near you
Infographic showing various Credit Analyst Trainee job openings in Connecticut as of August 2026, with employment types broken down into 81% Full Time, 15% Part Time, 2% Temporary, and 2% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $59,211 per year, or $28.5 per hour.

Senior Credit Analyst

Wallingford, CT • On-site

Ascend Bank
See more jobs at Ascend Bankexternal

Full-time

Re-posted 26 days ago

Job description

POSITION DESCRIPTION:

The Senior Credit Analyst provides support to commercial lenders through detailed financial/credit analysis, perform research on industry trends, train, and mentor less experienced analysts, independently underwrite loan requests with primary focus on large and/or complex borrowing relationships, and prepare internal reports.

GENERAL DESCRIPTION OF DUTIES:

  • Analyze financial information of prospective and existing borrowers and, if credit-worthy, underwrite loans in conformance with Loan Policy primarily for large and/or complex borrowing relationships and to generally be completed, with accuracy and detail, within 5 active working days, requiring minimal guidance.
  • Work directly with Commercial Lending Officers to obtain all necessary information needed to underwrite loan requests.
  • Prepare spread sheets, analyze financial information, and develop cash flows of prospective and existing borrowers. 
  • Prepare loan offering memoranda, analyzing financial, collateral, cash flow and other appropriate information of prospective borrower’s and guarantors, assessing credit risk, if credit-worthy, underwriting in conformance with Loan Policy and present loan requests to appropriate loan authority level. 
  • Performs analyses on perspective vendors of the Bank, on an annual basis when appropriate, and on request.
  • Provide leadership, training, and coaching to Credit Analyst team and back up support for the department Manager.
  • Assists in the collection of all pertinent information on commercial borrowers to ensure continued financial capacity and adherence to loan covenants.
  • Assists in maintaining an accurate record of financial information for each commercial borrower.
  • Maintains commercial credit files to ensure the adequacy of loan documents and supporting information.
  • Assist in determining the scope of the commercial loan portfolio review, which is performed by an outside loan review firm. Act as liaison with outside firm in providing requested financial and other information and updates. 
  • On a limited basis, calls on prospective borrowers within the Bank’s market area to introduce information about the Bank’s lending programs and determine credit needs of the prospect. 
  • On a limited basis, along with respective Commercial Lender, attend meetings with prospective and existing clients to obtain appropriate information regarding the Borrower.
  • Maintains a presence in local Chambers of Commerce and other civic or business-related organizations to maintain awareness of business lending opportunities.
  • Order and review environmental initial screenings. 
  • Participate in Management Loan Committee meetings as needed.
  • Support the Commercial Credit Manager and/or Team Lead with the training and development of new team members, as well as trainees.
  • In consultation with the CLO and Credit Management, prepare required reporting for Management Loan Committee and Board of Trustees as required.
  • Prepare high quality credit presentations with minimal rewrites and conducts accurate credit analysis on all projects assigned.
  • Perform other duties as required.
  • Completes all required compliance training as assigned in a timely manner.


LEADERSHIP PHILOSOPHY: 

  • Empower & Support: Prioritize employees' growth by providing resources, mentorship, and opportunities for success.
  • Lead with Integrity: Foster a culture of trust, transparency, and ethical decision-making.
  • Encourage Collaboration: Fostering an environment that leverages collaboration, innovation, and accountability to achieve strategic goals 


DIGITAL LITERACY:

The ability to use data, information, and communication technologies to find, evaluate, create, and communicate information, requiring both cognitive and technical skills


  • Information, data, and content
  • Teaching learning and self-development
  • Communication, collaboration, and participation
  • Digital identity, safety, and security
  • Technical proficiency with all bank products
  • Awareness and interest in new technology
  • Creation, innovation, and research

 

BASIC KNOWLEDGE, SKILLS & TRAINING REQUIRED FOR MAXIMUM PROFICIENCY: 

A bachelor’s degree, with an emphasis in business, finance or accounting with supplemental banking education/formal credit training. Good financial analytical abilities. Proficiency in WORD, EXCEL and other MS OFFICE applications required. Familiarity with automated underwriting systems is a benefit.

Excellent verbal and written communication skills and the ability to interact professionally with a diverse group, executives, managers, and subject matter experts.


EXPERIENCE REQUIRED:  4+ years of related commercial underwriting experience. Knowledge of financial statement fundamentals, accounting concepts, and industry trends and practices required. 


EDUCATION: A bachelor’s degree is required preferably in business or finance with ancillary banking education preferred. 

*Compensation: Compensation is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.

Ascend Bank is an equal opportunity employer and offers equal opportunity to all applicants for all positions without regard to race, color, religion, national origin, age, disability, and veteran status.

Applicants requiring reasonable accommodation in the application process should notify Human Resources. 

Ascend Bank participates in E-Verify.

EOE/AA/M/F/D/V

Apply